Problem:
1. Which of the following is not a use of funds in a statement of sources and uses?
- Increase in long-term debt
- Increase in the cash account
- Reduction in accounts payable
- Increase in accounts receivable
2. What is the optimal growth rate for a company with access to external capital?
- Internal growth rate
- External growth rate
- Sustainable growth rate
- Cannot be determined
Additional Information:
These two objective questions is from Finance and the first question is about funds in statements of sources and the second question is about optimal growth rate for a company.